Sanand

FEATURED ARTICLES ABOUT SANAND - PAGE 2

Nano in Pics Ratan Tata Disputed Indian projects Industry view AHMEDABAD: After a controversial stay in West Bengal, Tatas on Tuesday shifted their Rs one-lakh car Nano project to Sanand near Ahmedabad at an investment of Rs 2,000 crore, declaring that efforts will be made to roll out the world's cheapest car from a make-shift plant...

NEW DELHI: The wafer-thin margins of component suppliers to Nano are under pressure with Tata Motors not compensating them for moving facilities from Singur to Sanand and the slow speed at which production is being ramped up at the Pantnagar facility. Companies that supply parts to the world's cheapest car are complaining that Tata Motors has not compensated them so far for shifting their plants after Mamata Banerjee forced the Nano project out of the Bengal town. Partsmakers say the collective cost of the shift for the suppliers was around Rs 150 crore.

AHMEDABAD:French car-maker PSA Peugeot Citroen will start work on its plant at Sanand on Thursday. The automaker had on September 1 announced that Gujarat would be the home for its Indian facility as it makes a comeback. The company will invest Rs 4,000 crore in the plant that will produce 1.65 lakh cars annually. Last month, American auto company Ford Motors began work on its second facility at Sanand which will roll-out the first car in 2014. Vincent Rambaud , director general of Peugeot, Gregoire Olivier , member of managing board and CEO of India operations, Jean-Raphaël Peytregnet, Consul General of France in Mumbai, supplier and vendors to the company will be present at the foundation stone-laying ceremony.

AHMEDABAD: Societe Generale, a French multinational bank, has opened it's third corporate banking branch at Sanand , near Ahmedabad in Gujarat. It already has branches in Mumbai and Delhi. 150-year old bank believes that Gujarat is one of the robust place in the India and hence it will give good opportunities for bank to expand its base in the Indian market. "Gujarat is one of the dynamic and investor friendly states in India in terms of economic growth. It offers quality infrastructure compared to other states,"said Marc-Emmanuel Vives, Chief Executive and Group Chief Country Officer in Ahmedabad during press conference.

AHMEDABAD: Having faced Trinamool leader Mamata Banerjee's wrath at Singur, the Tatas now seem to be facing the opposition Congress party in Gujarat. Just days after the Tatas announced to set up the Rs 1 lakh car project in Gujarat, the Congress party has cried foul at the "secrecy" surrounding the finer details of the deal and has claimed that the BJP-ruled state government has gifted a prime land near Ahmedabad at throwaway prices to the automobile major. The party also demanded that the Tatas offer jobs to about 4,000 local youths at their upcoming plant at Sanand near Ahmedabad.

AHMEDABAD: French car-maker PSA Peugeot Citroen will start work on its plant at Sanand in the first week of November, a company official said. The company announced on September 1 that the company would return to India after 10 years and set up its facility in Gujarat. American car-maker Ford Motors too has began its work on its second Indian facility that will will roll-out the first car in 2014. While Peugeot plans to invest Rs 4,000 crore , Ford too will invest a similar amount and have a capacity to produce 1.65 lakh cars annually.

AHMEDABAD: The first painted body unit of Tata Motor's small car 'Nano' at Sanand plant in Gujarat using robots to lower carbon-di-oxide (CO2) emissions is expected to get complete in June 2010, a top official of Durr India Pvt Limited said here today. Durr India Pvt Ltd is setting up the paint shop at Sanand on turnkey basis for Tata Motors , where this first painted body unit of Nano car is expected to get completed by June. The paint shop here is amongst one of the units of the Nano's manufacturing plant.

AHMEDABAD: Societe Generale India, a subsidiary of Societe Generale S A , a French multinational banking and financial services company had rolled out its first financial inclusion project from Sanand, Gujarat. Next would be in Mumbai. On Friday, Societe Generale India rolled out its financial inclusion programme in Garodia village, Sanand, near Ahmedabad. Sanand is an upcoming auto hub and had witness many major automobile giants including Tata Nano project setting up their units.

GANDHINAGAR: Gujarat has changed gears to become an auto hub. After Tata's Nano, the Munjals want to park two-wheelers in Gujarat. The world's largest two-wheeler maker, Hero Honda, is hunting for a location to set up a manufacturing unit in the state. Sanand, where Tata Motors is setting up Nano plant, could be the site for Hero Honda's fourth manufacturing plant in the country. A team of senior executives from Hero Honda met officials in the chief minister's office (CMO)

AHMEDABAD: Tata Motor's maiden venture in Gujarat, the mother plant of world's cheapest car Nano at Sanand near hear is expected to roll out the first small car on June 2. "The plant will formally be inaugurated on June 2 in the presence of Gujarat Chief Minister Narendra Modi and Tata Group Chairman Ratan Tata, and thereafter the delivery of cars will begin from here," company's spokesperson said. Pilot commercial production of Nano at Sanand has already begun, sources said.